FHFA Testifies in Housing Finance Committee Hearing Next Week. On May 11, there will be a full U.S. Senate Committee on Banking, Housing, and Urban Affairs hearing with Mel Watt as witness, on “The Status of the Housing Finance System After Nine Years of Conservatorship” at 10 a.m. Freddie Prices Fifth Small Balance Loan Securitization. Late this week Freddie Mac announced the pricing of the SB30 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie and issued by a third-party trust. The company expects to guarantee approximately $276.2 million in Multifamily SB Certificates (SB30 Certificates), which are anticipated to settle on or about May 15.
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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